Rise in demand for winter clothing is expected to boost prices of China’s 32/1 combed cotton yarn and India’s 30/1 combed cotton yarn during the peak season for textiles and apparel. The demand for new cotton is also expected to move up in China and will likely be procured immediately by the country’s spinners.

As per a China Textiles report, prices of the 32/1 combed cotton yarn surged from 24.26 CNY/kg in January 2021 to 26.57 CNY/kg in June 2021. It further increased by 6.89 percent to 28.40 CNY/kg in August 2021. The price is expected to touch 30.04 CNY/kg in November 2021, recording a rise of 5.77 percent.

The price of 30/1 combed cotton yarn increased by 4.62 per cent from Rs254.81 per kg in January 2021 to Rs266.59 per kg in June 2021. It further grew by 4.13 percent to reach Rs277.59 per kg in August 2021.

The price is now likely to grow by 3.71 percent to reach Rs287.89 per kg in November 2021.

By Fashionating World
https://www.fashionatingworld.com/new1-2/demand-for-winter-clothes-to-boost-yarn-prices-in-china-and-india